Kovilpatti Lakshmi Roller Flour Mills Balance Sheet Health
Financial Health criteria checks 4/6
Kovilpatti Lakshmi Roller Flour Mills has a total shareholder equity of ₹626.4M and total debt of ₹1.0B, which brings its debt-to-equity ratio to 165.5%. Its total assets and total liabilities are ₹1.9B and ₹1.3B respectively. Kovilpatti Lakshmi Roller Flour Mills's EBIT is ₹79.9M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹13.5M.
Key information
165.5%
Debt to equity ratio
₹1.04b
Debt
| Interest coverage ratio | 0.8x |
| Cash | ₹13.49m |
| Equity | ₹626.39m |
| Total liabilities | ₹1.30b |
| Total assets | ₹1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507598's short term assets (₹1.1B) exceed its short term liabilities (₹841.7M).
Long Term Liabilities: 507598's short term assets (₹1.1B) exceed its long term liabilities (₹457.7M).
Debt to Equity History and Analysis
Debt Level: 507598's net debt to equity ratio (163.3%) is considered high.
Reducing Debt: 507598's debt to equity ratio has reduced from 166.2% to 165.5% over the past 5 years.
Debt Coverage: 507598's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 507598's interest payments on its debt are not well covered by EBIT (0.8x coverage).